In today’s session Toll Brothers Inc (TOL) registered an unusually high (156) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious TOL increase. With 156 contracts traded and 15554 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: TOL161216C00028000 closed last at: $0.95 or 17.4% down. About 581,641 shares traded hands. Toll Brothers Inc (NYSE:TOL) has declined 3.86% since April 8, 2016 and is downtrending. It has underperformed by 9.51% the S&P500.
Toll Brothers Inc (NYSE:TOL) Ratings Coverage
Out of 19 analysts covering Toll Brothers (NYSE:TOL), 8 rate it a “Buy”, 0 “Sell”, while 11 “Hold”. This means 42% are positive. $48 is the highest target while $29 is the lowest. The $37.50 average target is 33.21% above today’s ($28.15) stock price. Toll Brothers has been the topic of 35 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The stock of Toll Brothers Inc (NYSE:TOL) has “Strong Buy” rating given on Monday, January 25 by Raymond James. The stock of Toll Brothers Inc (NYSE:TOL) earned “Market Perform” rating by Wood on Wednesday, August 26. The stock of Toll Brothers Inc (NYSE:TOL) has “Sector Perform” rating given on Wednesday, August 24 by RBC Capital Markets. The rating was upgraded by JP Morgan on Friday, September 11 to “Neutral”. The company was initiated on Thursday, September 29 by Wells Fargo. As per Monday, July 11, the company rating was downgraded by Credit Suisse. The rating was upgraded by UBS on Wednesday, August 12 to “Neutral”. The stock of Toll Brothers Inc (NYSE:TOL) has “Sector Perform” rating given on Thursday, December 10 by RBC Capital Markets. Buckingham Research upgraded the shares of TOL in a report on Monday, July 18 to “Buy” rating. S&P Research maintained Toll Brothers Inc (NYSE:TOL) on Wednesday, August 26 with “Buy” rating.
According to Zacks Investment Research, “TOLL BROTHERS INC. designs, builds, markets and arranges financing for single-family detached and attached homes in middle and high income residential communities in thirteen staes and five regions around the country. The communities are generally located on land Co. has developed, although, due to the poor economic conditions during the early 1990’s, Co. has been able to acquire a number of fully approved parcels and often improved subdivisions.”
Insitutional Activity: The institutional sentiment increased to 1.14 in 2016 Q2. Its up 0.08, from 1.06 in 2016Q1. The ratio increased, as 40 funds sold all Toll Brothers Inc shares owned while 105 reduced positions. 35 funds bought stakes while 130 increased positions. They now own 126.11 million shares or 5.24% less from 133.09 million shares in 2016Q1.
Parametric Portfolio Assocs Ltd Liability Company accumulated 91,475 shares or 0% of the stock. Utah Retirement System has 0.02% invested in the company for 28,105 shares. Kcg Holdings holds 0.07% or 119,869 shares in its portfolio. Los Angeles Cap Management Equity accumulated 24,770 shares or 0.01% of the stock. Hsbc Holdg Public Limited Company has invested 0.02% of its portfolio in Toll Brothers Inc (NYSE:TOL). Creative Planning has 5,915 shares for 0% of their US portfolio. Mutual Of America Cap Management Llc last reported 113,549 shares in the company. Nordea Invest Mngmt Ab holds 3,493 shares or 0% of its portfolio. Signaturefd Limited Liability has invested 0.05% of its portfolio in Toll Brothers Inc (NYSE:TOL). Endurance Wealth Management has 0.01% invested in the company for 1,900 shares. Royal London Asset Management Limited, a United Kingdom-based fund reported 50,119 shares. Art Advsrs accumulated 183,236 shares or 0.25% of the stock. Nuveen Asset Mgmt Limited Co has 0.01% invested in the company for 62,898 shares. Tcw Grp Inc has 900,680 shares for 0.18% of their US portfolio. Element Cap Mgmt Ltd Liability Com holds 4.09% of its portfolio in Toll Brothers Inc (NYSE:TOL) for 1.01 million shares.
Insider Transactions: Since May 26, 2016, the stock had 0 insider buys, and 2 sales for $655,260 net activity. 18,310 shares were sold by Hartman Richard T., worth $567,916 on Tuesday, August 30. Shares for $87,344 were sold by MARBACH CARL B on Thursday, May 26.
Toll Brothers, Inc. designs, builds, markets and arranges financing for detached and attached homes in luxury residential communities. The company has a market cap of $4.64 billion. The Firm caters to move-up, empty nester, active-adult, age-qualified and second-home buyers in the United States . It has a 12.14 P/E ratio. The Firm operates in two divisions: traditional home building and urban infill.
TOL Company Profile
Toll Brothers, Inc., incorporated on May 28, 1986, is a property development company. The Firm is engaged in designing, building, marketing and arranging finance for detached and attached homes in luxury residential communities. The Firm caters to move-up, empty-nester, active-adult, age-qualified and second-home buyers in the United States. The Firm also manufactures and sells homes in urban infill markets through Toll City Living community. The Firm operates on own land development, architectural, engineering, mortgage, title, landscaping, security monitoring, lumber distribution, house component assembly, and manufacturing operations. The Firm also develops, owns and operates golf courses and country clubs, which are associated with planned communities.
More news for Toll Brothers Inc (NYSE:TOL) were recently published by: Bizjournals.com, which released: “Toll Brothers enters Boise market” on November 08, 2016. Seekingalpha.com‘s article titled: “Toll Brothers moves into Boise with acquisition” and published on November 07, 2016 is yet another important article.
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